The Intellectual Property Office of the Philippines (IPOPHL) conducted a four-day National Advanced Training Program on Successful Technology Licensing (STL) for the Innovation and Technology Support Offices (ITSOs) network managers. The Workshop was organized with the World Intellectual Property Organization (WIPO) and was funded under the Australian Funds-In Trust (FIT). It was held from September 1 to 4 at the Faber Hall of the Ateneo De Manila University in Quezon City.
Ateneo De Manila University President, Fr. Jose Ramon T. Villarin, S.J., in his Welcome Remarks emphasized that he, himself dares to dream "that the fruits of invention, research and creativity, even as these are protected, will enrich not only a handful of individuals but also our society and the global community." IPOPHL Deputy Director General Allan B. Gepty addressed the ITSO managers that as they venture into research and innovation, they should "consider the commercial benefits of their work, crafting their competitive advantage" early on.
Those who attended were provided with the necessary knowledge of licensing principles and drafting technology transfer agreement. They were also walked through with the mechanics of licensing negotiation and the basic methods and approaches on IP Valuation. Atty. Elizabeth Pulumbarit of the University of the Philippines-System shared UP’s experiences on technology licensing and commercialization as the national research institute in the country.
The participants went through the experience of simulated negotiation under potential scenarios between a licensee and licensor. The drafting of a licensing agreement was also undertaken,
including the valuation of IP assets.
Licensing experts composed of Ms. Olga Spasic, WIPO Head of Innovation Structures Section, Dr. Robert Sanders, the Managing Partner of Global IP Services LLP, Singapore and Mr. Dennis
Patrick O'Reilley, a partner lawyer of Finnegan, Henderson, Farabow, Garrett and Dunner Law Firm from the USA, superbly guided the participants during the entire duration of the Training.
This activity was organized to assist ITSO’s to understand the rudiments of IP licensing, negotiation, and valuation.